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Daily Mail Group Eyes Yahoo Bid
- The Guardian, Monday, April 11, 2016 6:44 AM
The publisher of the "Daily Mail" has confirmed it is in talks with private equity companies about a takeover of Yahoo. Ailing tech firm Yahoo, which has a market capitalisation of $38bn (GBP27bn), put its core business up for sale in February with bids due by 18 April. Daily Mail and General Trust, the parent company of the "Daily Mail," has confirmed that it has approached companies interested in a potential bid for Yahoo.
